Saturday, October 25, 2008

Obama Failed Economics

I’m not a rocket scientist; however I do know you can’t grow the economy from the bottom up, as Obama has affirmed he’s going to do if he’s elected President. Obama said he’s going to raise taxes on those who earn 250K or more and spread the wealth to those who don’t, including 40% of Americans who don’t pay any taxes at all. It’s hard for me to understand why anyone with a brain would vote for Obama for this very reason. My question to Obama supporters is this, “When was the last time you got a job from a poor man?” I can answer that question for every American, NEVER. Poor men can’t create jobs. When the rich have money to spend they spread the wealth. Hypothetically, I get my hair done every week by Sue the hairdresser. When I get a tax cut, I have extra money, so I decide to spread my wealth by going to Sue twice a week. Going to Sue twice a week gives Sue extra money. Now Sue and her husband Fred can go to dinner once a week. Sue also has a poodle that she’d like to have groomed. She can have Fluffy trimmed once a month. This groomer has to hire a new employee. And the cycle continues downward. The wealth and jobs are created from the TOP; from the rich. Here comes Obama who raises my taxes which is going to leave me with less money. Sorry, Sue, I have less money now, so I can only get my hair done twice a month. Now Sue has less money so she stops getting Fluffy groomed; the groomer lays off its extra employee and Sue and Fred can’t go out to eat once a week anymore either. So the cycle again continues downward. Raising taxes on the rich trickles down hurting the middle and lower income brackets. This doesn’t take a degree in economics, just common sense. Obama must’ve missed that class in college; or he just plain failed economics. I’d like to see his college transcripts. Oh, wait, he doesn’t have to show proof of citizenship or even medical records, so college records are off limits, too.

3 comments:

  1. Well, Pam, if people actually wanted to "think" and not feel they would probably get this concept. Liberalism is really just the absence of reason, and it is what comes naturally to most people. It takes an effort to think about the economy, and really people have no time for that, they would rather feel good. I wish those who want to pay more taxes could have a box to check when they file their taxes that allows them to pay more voluntarily. Meanwhile, leave the rest of us alone.

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  2. its all about group think and socialist Marxism..ugh!..great stuff !

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  3. You have a knack for cutting to the heart of a situation and explaining it in terms even Obama supporters could understand. Great Post!

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